Event Description

A scaled-down version of our popular 4-hour Compilation and Review Practice Guide.Compilation and review issues have dominated the profession during the past few years.This program addresses these changes and current performance requirements in thecompilation and review literature such that practitioners will be able to perform theseservices in compliance with SSARS, while applying best practices for both efficiency andeffectiveness.

Designed For

Practitioners who perform compilation and review engagements for non-public entities.

Objectives

Participants will be able to: Identify the performance requirements in the SSARS standards Effectively perform compilation, review, and preparation engagements utilizing the mostrecent guidance in effect. Efficiently document compilations and reviews Identify best practices when performing compilation and review engagements Address special purpose frameworks when performing compilation and reviewengagements

Major Subjects

SSARS standards Compilation performance requirements Review performance requirements How to document and perform compilations and reviews Special purpose frameworks financial statements Legal liability concerns and issues How to perform and document analytical procedures appropriately, includingdeveloping expectations Independence and AICPA Code of Professional Conduct Non-attest services Common issues raised in peer reviews

Prerequisites

Accountingexperience